16840 ALDER CIR
Lake Oswego, OR, 97034 $ 5,995,000
Bedrooms5 Baths4.1 Sq 4,689 Monthly Estimate*
$ 36,912
for $5,995,000 with 5 bedrooms and 4 full baths, 1 half bath. This 4,689 square foot home was built in 2023.
Experience waterfront luxury living in this extensively remodeled stunner on the main shores of the quiet water portion of Oswego Lake. With five bedrooms, an office, a gym and four and a half bathrooms, this inviting home was mindfully designed around extensive entertaining and everyday ease. At every turn, there is a harmonious blend of upscale finishes and light bouncing off of water outside into serene spaces inside. The expansive walls of glass dissolve the boundary between indoors and out, opening to panoramic waterscapes in every direction and a rare large, flat and fully fenced yard. The gourmet kitchen centers around an impressive island with beautiful surfaces, custom cabinetry, highest end appliances and a generous butlers pantry designed to house all the necessary kitchen accoutrements. The main level also boasts a large bedroom with ensuite bathroom, the office, a stunning design forward powder bath, a bespoke bar and a cleverly customized wine cellar. Upstairs, the primary suite is a peaceful retreat with impressive scale and features that include lake views, automated blinds and absolute privacy. Its spa-inspired flow embodies relaxing extravagance with a freestanding tub, heated floors, a steam and rain shower, dual sinks with illuminated mirrors and a custom walk-in closet tailored for curated wardrobes. On this level, you'll also find two additional bedrooms, two full bathrooms, an expansive and inviting family room with another wet bar and a dedicated fitness area with breathtaking lake views. The third floor flexible space, currently a bedroom, showcases that this residence offers beautifully designed options for every need. Outside, a spacious deck cascades through custom low-maintenance, natural landscaping to your private 72 feet of waterfront. The boat house is equipped with a hydraulic lift sized for the maximum length boat allowed on the lake and there is an additional dock. Lake life has never been so beautiful or so easy!
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FeaturesInteriorInterior Amenities Floor3rd GarageDoorOpener Granite HighCeilings Laundry Marble SoundSystem TileFloor WoodFloors
Basement Other
Total Fireplaces 2
Fireplace Features Gas
Hot Water Electricity
Window Features DoublePaneWindows
Total Bathrooms 4.1
Total Bedrooms 5
Total Baths 5
1/2 Baths 1
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GeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Appliances ApplianceGarage BuiltinOven BuiltinRange ButlersPantry Dishwasher Disposal DoubleOven ENERGYSTARQualifiedAppliances FreeStandingRefrigerator GasAppliances Granite Island Marble Quartz RangeHood Stain
HOA Fee 3387.0
Garage Spaces 2.0
Architectural Style NWContemporary
Security Features SecurityLights SecuritySystem
Year Built 2023
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 00319355
Waterfront Features Lake
Accessibility AccessibleHallway GarageonMain KitchenCabinets MainFloorBedroomBath MinimalSteps Parking RollinShower
HOA Fee 2 7500.0
Assoc Fee Paid Per Annually
County Clackamas
Property Type Residential
HOA Y
Full Baths 4
Status Active
Directions South Shore to Alder Circle
High School Lakeridge
City LakeOswego
Body of Water Oswego Lake
Disclosures Disclosure
MLS Area _147
Listing Terms Conventional
HOA Fee 2 Frequency OneTime
Elementary School Westridge
Tax Annual Amount 23034.2
Middle/Junior High School Lakeridge
Property Condition Resale
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 447 LAKE VIEW VILLAS #5 PT LTS 343&344
ADU False
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ExteriorExterior Amenities BoatHouse Deck Dock Fenced Patio Porch SecurityLights ToolShed Yard
Parking Features Driveway OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description WoodSiding
Building Area Total 4689.0
Road Surface Type Paved
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* Excluded FeaturesList ByRose City Realty GroupBroker
kate@rosecityrealtygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $36,912
- Monthly Property Taxes
- $1,920
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Lake Oswego, OR
Average List Price $2,003,287
Percent of Sale Price 67%
About Lake Oswego, OR 38,782 Population
7% Since 2002
$ 95,347 Median Income
48 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1950193 Elementary School
1950162 Middle School
Lakeridge High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/1/2026 | $5,995,000 | | Listed Price |